235 Center Street Moorestown, NJ $ 449,000
235 Center Street
$ 449,000
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235 Center Street

Moorestown, NJ, 08057
$ 449,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,984

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Multi-Family Home for sale in Moorestown, NJ

for $449,000 with 5 bedrooms. This home was built in 1951 on a lot size of 0.46.

Don't miss this Investment opportunity home! This duplex is a multi-family home and is a solid moneymaker with excellent cash flow and a low expense ratio. It has a beautiful lush large yard, a nice 20'x12' woodshed in the back yard, and a large driveway/parking. The living room has lots of space! Kitchens are just the right size with lots of cabinets. Downstairs Apartment 1 is a 2 Bedroom and Upstairs Apartment 2 has 3 bedrooms. Live in one half while you rent the other. The utilities are separated. The back porch is a good size and accessible from the backyard. The backyard is large and great for a growing family. This home backs to the woods, and the lot extends approximately75 feet into the woods. There is wood flooring and carpet throughout the home. All rooms are good-sized bedrooms with ample closet space. New Paint and New Carpet! The building is in a great location for a multifamily and the desirable town of Moorestown. The lot is large and has potential. A lot of houses for the money & highly sought-after Moorestown schools!!! Close to shopping, transportation, and a great investment property!!

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Multi-Family Pending

Price

$ 449,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 5,853

Style

Cape Cod

Lot Size

0.46

Year Built

1951

Town/City

Moorestown

County/Region

Burlington

MLS | Web ID

NJBL2052666

Features
Interior
Heating Fuel Electric Natural Gas
Basement Partially Finished
Flooring Carpet Ceramic Tile Hardwood
Hot Water Natural Gas
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Ceiling Fan(s)
Utilities Electric Available Natural Gas Available Phone Available Cable TV Available Water Available
Possession 31-60 Days CD
Roof Asphalt Shingle
Zoning 0
Pool Y/N No Pool
Architectural Style Cape Cod
Construction Materials Stucco
Year Built 1951
Electric 100 Amp Service
View Garden/Lawn Street Trees/Woods
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality MOORESTOWN TWP
Accessibility None
County BURLINGTON
Net Operating Income 25000.00
Operating Expense 25000.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions Mid way Property on Center St
City MOORESTOWN
Buyer Agent Compensation 3
Disclosures Lead Free Paint Prop Disclosure
Total Units 1
MLS Area Moorestown Twp (20322)
Lot Size Square Feet 19920.00
Waterfront Y/N N
Number of Units Leased 2
Street Name CENTER
Tax Annual Amount 5853.0
Property Condition Good
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft 267.26
Acceptable Financing Conventional Cash VA
Avg. Electric Per Month 110.0
Avg. Gas Per Month 100.0
Rent Control Y/N N
Vacation Rental Y/N N
Avg. Water Per Month 30.0
Days on Market 127
Location Type Middle Of Block
Lease Type Month to Month
Standard Status Pending
Year Built Source Assessor
Tax Lot 00038
Total Actual Rent 31000.00
Cap Rate 5.30
Buyer Agent Compensation Type % Of Gross
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Exterior
Lot Features Backs to Trees
Water Source Public
Type of Parking Driveway
Foundation Details Block
Water View Y/N N
Lot Dimensions 80.00 x 249.00
Lot Size Acres 0.46
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Mixed
Land Assessed Value 74800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 235
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* Excluded Features
List By
Exp Realty, Llc

Broker

thomas.cranmer@exprealty.com

Email

Affordability Calculator

$3,472
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,984
Monthly Property Taxes
$488
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533351 Elementary School
3533580 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/29/2023$449,000 -2.39% Price Down
9/10/2023$460,000 Listed Price

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235 Center Street, Moorestown, NJ, 08057 is a Multi-Family Home for sale at $449,000 with a lot size of 0.46. 235 Center Street has 5 bedrooms, 0.0 baths, and was built in 1951. The property's zip code is 08057 which is in Moorestown, NJ